Magic Software Enterprises (RMTHF) Exchange Rate Effect (2016 - 2025)
Magic Software Enterprises (RMTHF) reported Exchange Rate Effect of $581000.0 for Q3 2025, down 57.59% on a YoY basis from $1.4 million in Q3 2024, and down 89.68% quarter-over-quarter from $5.6 million in Q2 2025.
Magic Software Enterprises (RMTHF) Exchange Rate Effect (2016 - 2025) Analysis & Trends
Magic Software Enterprises has reported Exchange Rate Effect for 10 years, with the latest figure at $581000.0 in Q3 2025.
- For the quarter ending Q3 2025, Exchange Rate Effect fell 57.59% year-over-year to $581000.0; the trailing twelve-month figure through Sep 2025 stood at $6.5 million (up 233.18% YoY), and the FY2024 full-year result was -$240000.0, up 80.03% from the prior year.
- Exchange Rate Effect for Q3 2025 stood at $581000.0, down from $5.6 million in the prior quarter.
- The five-year high for Exchange Rate Effect was $5.6 million in Q2 2025, with the low at -$5.2 million in Q2 2022.
- Historically, Exchange Rate Effect has averaged -$228631.6 across 5 years, with a median of -$500000.0 in 2023.
- Annual changes were most pronounced in 2022 — Exchange Rate Effect tumbled 657.45% — and 2025, when it soared 884.26%.
- Magic Software Enterprises' Exchange Rate Effect stood at $889000.0 in 2021, then sank by 447.13% to -$3.1 million in 2022, then soared by 178.39% to $2.4 million in 2023, then tumbled by 90.41% to $232000.0 in 2024, then surged by 150.43% to $581000.0 in 2025.
- The last three Exchange Rate Effect figures came in at $581000.0 (Q3 2025), $5.6 million (Q2 2025), and $43000.0 (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | -3.00 Mn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | -177.00 Mn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 39.09 Mn |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 86.38 Mn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | -1.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | -16.00 Mn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | -4.60 Mn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | -9.70 Mn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | -1.00 Mn |
| 10 | Magic Software Enterprises | - | - | 45.50 Mn | 581,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 581,000.00 |
| Sep 30, 2025 | 581,000.00 |
| Jun 30, 2025 | 5.63 Mn |
| Jun 30, 2025 | 5.63 Mn |
| Mar 31, 2025 | 43,000.00 |
| Mar 31, 2025 | 43,000.00 |
| Dec 31, 2024 | 232,000.00 |
| Dec 31, 2024 | 232,000.00 |
| Sep 30, 2024 | 1.37 Mn |
| Sep 30, 2024 | 1.37 Mn |
| Jun 30, 2024 | -718,000.00 |
| Jun 30, 2024 | -718,000.00 |
| Mar 31, 2024 | -1.12 Mn |
| Mar 31, 2024 | -1.12 Mn |
| Dec 31, 2023 | 2.42 Mn |
| Dec 31, 2023 | 2.42 Mn |
| Sep 30, 2023 | -500,000.00 |
| Sep 30, 2023 | -500,000.00 |
| Jun 30, 2023 | -1.53 Mn |
| Jun 30, 2023 | -1.53 Mn |